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Arthur J. Gallagher Adds Palmer Atlantic Insurance to Canadian Operations
Wednesday 14 March 2018

14 March 2018 - Illinois, US-based insurance brokerage Arthur J. Gallagher and Co. (NYSE: AJG) has acquired Canada-based retail property/casualty broker Palmer Atlantic Insurance Ltd., the company said.
Terms of the transaction were not disclosed.
Arthur Gallagher said Palmer Atlantic team's strength in transportation and logistics, reputation for delivering superior client service and strong market relationships make them a terrific addition to the company's expanding Canadian operations.
Arthur J. Gallagher and Co. is a brokerage, risk management and consulting services firm with operations in 33 countries and offers client service capabilities in more than 150 countries through a network of correspondent brokers and consultants.
Palmer Atlantic specialises in the transportation and logistics sector, and is a trucking insurance specialist in Atlantic Canada.
Date Published: 14/03/2018
Target: Palmer Atlantic Insurance Ltd
Country: Canada
Sector: Insurance
Type: Corporate acquisition
Status: Closed
Buyer: Arthur J. Gallagher and Co
Terms of the deal were not disclosed